Firsthand Technology Value Fund (NASDAQ:SVVC) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report sent to investors on Monday. The firm issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

SVVC opened at $0.06 on Monday. The company’s fifty day moving average price is $0.07 and its two-hundred day moving average price is $0.07. Firsthand Technology Value Fund has a 1-year low of $0.04 and a 1-year high of $0.31. The company has a market cap of $420,473.00, a price-to-earnings ratio of 0.51 and a beta of 1.50.

About Firsthand Technology Value Fund

Firsthand Technology Value Fund, Inc is a business development company specializes in venture capital investments in start-up, early stage, middle stage, late stage, early development stage, and PIPEs. It seeks to invest in pre-IPO companies. The fund also seeks to make investments in companies with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganization proceedings.